Headwall Development, Inc.

Philosophy

Tenant demand, architectural interest, and environmental concerns have focused our strategy on the redevelopment of existing properties. Tenants are saying that they want their space to go beyond a simple work area and inspire them every day. They want their office or store to be cool, creative, authentic—and within walking distance to amenities.

Headwall targets buildings that offer unique architectural features that cannot easily be replicated by new construction. Elements like weathered brick, 20-foot ceiling heights, and antique-hardwood flooring make these buildings uniquely compelling. Several of our projects have been major renovations of historic properties, and we take pride in the careful work necessary to bring an 85-year old building back to life.

This approach to development allows us to reuse both a city's existing buildings and its related infrastructure of roads, water, sewer and power. So while we are revitalizing downtown areas, we're also limiting suburban sprawl. It'’'s an exciting combination of profitability and sustainability.

Background

Reynolds Maxwell, President

Reynolds Maxwell has been a commercial real estate broker, investor and developer since 2003. He is an active broker with Maverick Partners Realty Services in Durham, NC and Cascade Sotheby's International Realty in Bend, OR; representing investors, landlords, and tenants in all types of lease and investment-sales transactions. Reynolds recently represented an international investor in the purchase of a $15 million apartment complex.

In 2004 Reynolds started Headwall Development, Inc., to focus on adaptive-reuse development projects. He has successfully redeveloped 9 commercial properties in Durham, NC and actively manages these as fully-leased, long-term hold properties.

Prior to entering real estate, Reynolds worked in Silicon Valley at venture capital firm Bowman Capital, and at consulting firm Cambridge Associates, providing financial analysis for institutional investors such as University of California and the MacArthur Foundation.

Reynolds holds the CCIM designation, recognizing successful completion of advanced coursework and significant transactional history in commercial real estate. He is a member of CCIM, MLS, COAR, the National Association of Realtors, and Stanford Professionals in Real Estate. He currently resides in Bend, OR with his wife and two children.

Reynolds graduated with Honors from Stanford University in 1995.